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Global Electric Grill Market Size, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 – 2028

07-09-2018 04:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

In response to growing consumer preference for grilling delicious meat at home without the need for checking temperature, adding charcoal, and dealing with smoke, manufacturers of smart kitchen appliances have developed electric grill. As these grills rely on electricity as fuel source for heating surface and grill plate, they alleviate restrictions of charcoal or gas grills with regard to apartment barbecuing. Indoor use without smoke problems is a key benefit of electric grills, which has underpinned their demand since the recent past. Fact.MR’s recent analytical research projects the electric grill market to reflect a splendid 9.0% CAGR between the forecast period 2018 and 2028.

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Electric Grills Perceive Increased Demand in North America, as Future of Grilling & Barbecuing Remains Positive

The Hearth, Patio & Barbecue Association (HPBA) foresees a promising future for the barbecue industry, with nearly 30%of North America’s consumers estimated to use their smoker or grill. Grilling is gaining widespread momentum as a year-round passion. In North America, barbecuing is no longer deemed as leisure activity, but an integral part of consumers’ lifestyle. Passion for flavorful foods is further likely to trace an upward graph in the region, implying a bright future for grilling & barbecuing industry.

Consumer Demand for Convenience Fuelling Connected Electric Grill Development

Integration of technology into cooking appliances has led toward the development of innovative cooking products, which are in line with consumer demand for convenience and saves their energy and time. Smart cooking grills are in high demand worldwide, with Bluetooth and Wi-Fi-enabled electric grills gaining the center stage among affluent consumers

Connected electric grills, such as Weber’s line of IGrills, that feature Bluetooth connectivity have witnessed a rise in momentum as they facilitate instant and remote monitoring of grilling activities. However, high cost of these electric grills have confined their penetration to high-income consumers. Manufacturers such as Weber are therefore taking development efforts toward production of cost-effective connected electric grills, in a bid to tap the potential of developing markets.

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Table of Contents:

Executive Summary
1.1. Summarizing Key Findings
1.2. Wheel of Fortune
1.3. Opportunity Assessment
1.4. Mega Trends
Global Electric Grill Market Introduction 
Global Electric Grill Industry Overview 
3.1. Global Electric Grill Market Value (US$ Mn) & Volume (Units)Forecast and Analysis
3.2. Forecast Factors and Relevance of Impact
3.3. Supply Chain Analysis and Operating Margins
3.4. Market Dynamics
3.5. PEST Analysis
3.6. Pricing Analysis by Region
3.7. Opportunity Analysis 
3.8. Investment Feasibility Analysis
3.9. Market Players Competition Matrix
3.10. Key Players Market Presence (Intensity Map) by Regions 
Global Electric Grill Market Historical Analysis 2013-2017 and Forecast 2018-2028, By Product Type
4.1. Revenue (US$ Mn) & Volume (Units), 2018-2028 
4.2. Market Share Comparison
4.3. Y-o-Y growth Comparison
Continued………

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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